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ETFs

GraniteShares ETF Trust GraniteShares 1.25x Long TSLA Daily ETF

TSL
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Aug 9, 2022
Expense Ratio
1.15%
Type
US Equities
Fund Owner
GraniteShares
Volume (1m avg. daily)
$1,394,164
AUM
$6,860,078
Associated Index
None
Inverse/Leveraged
Leveraged (1.25x)
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

TSLA
Tesla Inc
123.57%
—
US Dollars
45.52%
TSLA
Tesla Inc
-130.74%
Invest with TSL
Trade TSL Options

What is TSL?

The Fund seeks daily investment results, before fees and expenses, of 1.25 times (125%) the daily percentage change of the common stock of Tesla Inc, (NASDAQ: TSLA). Tesla, Inc. (TSLA) designs, develops, manufactures, leases, and sells electric vehicles, energy generation and storage systems in the United States, China, and internationally. The company operates in two segments: automotive,energy generation and storage.

1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade

TSL
Performance Measures**

for the time period Aug 9, 2022 to Dec 4, 2025

Returns

1M Trailing Return: 2.3%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 41.5%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -74.5%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 76.2%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.46

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.09

The annualized return divided by the max drawdown for the selected time period.

ETFs related toTSL

ETFs correlated to TSL include TSLL, TSLR, TSLY

TSL
GraniteShares ETF Trust - GraniteShares 1.25x Long Tesla Daily ETF
TSLL
Direxion Shares ETF Trust - Direxion Daily TSLA Bull 1.5X Shares
TSLR
GraniteShares ETF Trust - GraniteShares 1.75x Long TSLA Daily ETF
TSLY
Tidal Trust II - YieldMax TSLA Option Income Strategy ETF
XLY
SSgA Active Trust - Consumer Discretionary Select Sector SPDR
ARKQ
ARK Investment Management LLC - ARK Autonomous Technology & Robotics ETF
VCR
Vanguard Group, Inc. - Vanguard Consumer Discretionary ETF
FDIS
Fidelity Covington Trust - Fidelity MSCI Consumer Discretionary Index ETF
ARKK
ARK Investment Management LLC - ARK Innovation ETF
TARK
Investment Managers Series Trust II - AXS 2X Innovation ETF
ARKW
ARK Investment Management LLC - ARK Next Generation Internet ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

TSL is a US Equities ETF. The Fund seeks daily investment results, before fees and expenses, of 1.25 times (125%) the daily percentage change of the common stock of Tesla Inc, (NASDAQ: TSLA). Tesla, Inc. (TSLA) designs, develops, manufactures, leases, and sells electric vehicles, energy generation and storage systems in the United States, China, and internationally. The company operates in two segments: automotive,energy generation and storage.

Yes, TSL is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, TSL is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on TSL is 0.0802%. This is the percent change in the value of TSL over the most recent 1-month period. The 3-month return on TSL is 0.0045%. This is the percent change in the value of TSL over the most recent 3-month period.

The standard deviation of TSL for the past year is 0.763%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to TSL include SSO, SPXL, and SDS.

ETFs correlated to TSL include TSLL, TSLR, and TSLY.

ETFs that are inversely correlated to TSL include TSLS, TSLQ, and SARK.

Yes, TSL is a Leveraged (1.25x) ETF.

No, TSL is not an inverse ETF.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.